Let me tell a story.

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Monday 12, April 2021.

I met someone at work that wants to participate in the crypto market, and they have a substantial amount of money; he explained to me that they want to do mining, and I told him all the types of mining there is and that they should look into buying whatever asset they wish to mine before starting mining to see if it will not be better to buy and hold than mine the coins, at first he thought that all miners were equal. Hence, I believe that he has a lot of thinking to do.

After that, he mentioned Bitcoin, and he told me if it would be a good idea to buy and hold BTC at today's prices. Once again, I told him to do some research, and I managed to say to him many of the things that I know about BCH, how is it that it works, and he agreed that the transaction fees could mean an opportunity in the future for those with open eyes to see.

I didn't send him any amount of BCH because I couldn't find the time to tell him. After all, that person was asking lots and lots of questions, pretty much I got to say to him that before buying any crypto, he should do his research, and even when BTC is the king today, we don't know if that fact would remain in the future, and he recognized that people are talking good things about BTC but avoid saying the wrong things, he told me that has to mean something fishy is going on, like if you believe in something you shouldn't just say the good and but also the bad. From others, he only heard goods things about BTC. That made him suspicious.

We part after a long conversation, and he said that he would seriously research before buying because he didn't know such things were happening in the crypto world like he didn't expect things to be so hard to figure out. He told me that he wants to invest and grow his money. He is also scared of inflation, and it took him a lot of time out of his life to get the kind of money he has to lose it all in crypto. So he must continue his research.

He even recognized that many of the people he has talked to only talked about pumping and pumping but never anything that may help him get ahead; he even realized that just talking about price will get you so far but that eventually the bubble will come crashing down and those who didn't have enough knowledge will only get their hard money trap and lose it all meanwhile others will profit from someone else's ignorance. This conversation provided me with a contact that could probably become an excellent connection to have in the future.

I am looking forward to meeting that person again. He has made suitable investments in the past.

I hope that my decision to stick to BCH also pays off. I don't know if BCH will go up at some point. In my opinion, BCH is the actual Bitcoin, but I can be 100% wrong, and the whole thing can come crashing down tomorrow.

And that is my bias as well that since I see Bitcoin Cash as the real Bitcoin because it works, I can't recommend others to buy something else. Still, the problem is for different portfolios, and another approach may work better than mine, even other altcoins or Bitcoin Core than with BCH.

Since my initial investment is very little, I won't lose millions if BCH collapses tomorrow, and that's another problem; I can tolerate losing a couple of hundred dollars, but many people have more money than me. So they are risking more, so I would not feel comfortable telling people to buy BCH and ignore other projects. My approach describes what I think about BCH, and if someone else buys it, it is their responsibility, not mine. I just told him the opportunity was there but also the risk.

I also have another friend that bought cryptos because of my advice, but in the end, he decided to buy XRP instead of BTC or even BCH; at that time, I was not a fan of BCH, so I didn't mention it. As of today, he is sitting pretty because pretty much he bought it at a meager price. I don't know exactly how much he bought, but he is sitting pretty. He thinks that since XRP is trying to work with banks, it will be established as a legit coin and that since XRP is not trying to fight the status quo, it will become friends with governments, banks, and the rich.

I guess that's how you grow. You learn a little bit from each person you meet until you are full of wisdom, but I feel that when it comes to being wise and have understanding, you can never have enough.

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